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Elon Musk proposes to buy 100% of Twitter for $54.20 per share in cash
- Thread starter St. Elmo's Fire
- Start date
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This guys net worth is around $200-400m right? So he's just trolling.
I wouldn't be surprised if this buyout was prompted by some private message warning from Twitter moderator team. "To tone it down or face a ban."
Musk seems to be allergic to regulations or rules. This is evident in how he runs his businesses and how he reacted to COVID restrictions.
Musk seems to be allergic to regulations or rules. This is evident in how he runs his businesses and how he reacted to COVID restrictions.
Let him have a peaceful life with family and bikes. He's not The One.
This is the root of the problem. It's really weird that our public forum is a publicly traded company.
I wonder if people would move? Or has social media matured as a market making startups incredibly expensive from a user acquisition standpoint?
This dude is an actual lunatic.
No, they almost certainly won't.
Yep, he has been manipulating Doge prices for years and never got in trouble. This feels like it was just testing the waters for bigger plays like this.
The biggest issue is that "our public square" runs in the red all the damn time. So even a more egalitarian square would have massive financial hurdles to overcome.
And this is legal somehow? I expect Musk to declare "I am the Senate!" at some point soon.
Imagine being worth $275 billion and still feeling the need to engage in pump and dump schemes.
I still think the background check thing is overblown as an explanation. The man is a CEO for a rocketry company that does contracts for the Department of Defense. I'm pretty sure he's gone through a background investigation.
Any number will never be enough for them. It's a leaderboard and they want to increase their standing against other multi-billionaire.
The amount per share that existing shareholders are willing to sell for is the entire point.
He's not offering to hand over $43B to Mr Twitter. The money goes to shareholders on a per share basis.
I really don't believe it but..
is it true that he is doing all this because a kid is tracking his Jet flights and posting it on twitter?
is it true that he is doing all this because a kid is tracking his Jet flights and posting it on twitter?
In all likelihood, he's just trying to inflate the value of his stock as a "pump and dump" scheme.
If he's actually wants it, it's just because he's absolutely in love with being an internet shitlord and wants unfettered freedom to continue.
He so desperately wants to not only be able to say and do whatever he wants with zero repercussion, but also be the sole guy who decides what others can say or do on the platform. He wants himself and all the other right wing trolls to be able to say wherever they please.
White dude with too much money thinks he should own and run thing, pretty normal behavior if you ask me
The cult of Musk on Twitter whenever there's any articles criticizing him is crazy. He's got a cult like following that might be stronger than Trump's. Trump has *more* cult followers, but Musks are equally nuts. When stories came out about how he didn't disclose his purchases when he owned 5% and that he could be sued for it, the attacks against the NPR journalists who were reporting the story were nuts.
That "Weird nerds" Apu taking the bullet meme are just so apt.
Wouldn't surprise me.
I have a small amount of twitter stock that I overpaid for and I'm eager to dump off, so if this spikes up prices I'M OUT
That "Weird nerds" Apu taking the bullet meme are just so apt.
Wouldn't surprise me.
I have a small amount of twitter stock that I overpaid for and I'm eager to dump off, so if this spikes up prices I'M OUT
Protect "Free Speech".
Translated: let people say whatever they want free from consequences.
